Toronto’s Mood Media Corporation just announced that is has acquired DMX Holdings for US$86.1 million in cash including net debt repaid on closing, subject to certain adjustments for working capital. The equity value of the transaction will be approximately US$53.8 million. DMX is a US provider of multi-sensory branding services, delivering services to over 100,000 locations.
Mood Media Corporation Acquires DMX
BY:
Dave Forde
March 19, 2012
Join your peers!
Get news, tips and other industry news delivered into your inbox for FREE!